EUROPEAN RESIDENTIAL REAL ES (ERE-UN.CA) Stock Technical Analysis
TSX:ERE-UN - Toronto Stock Exchange - CA29880W1032 - REIT - Currency: CAD
Taking everything into account, ERE-UN scores 1 out of 10 in our technical rating. ERE-UN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than ERE-UN.
ERE-UN is one of the lesser performing stocks in the Residential REITs industry. 73% of 16 stocks in the same industry do better.
ERE-UN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ERE-UN is lagging the market.
In the last month ERE-UN has a been trading in the 2.28 - 2.56 range, which is quite wide. It is currently trading near the high of this range.
ERE-UN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.23
2.60
When analyzing the support we can see 2 important areas.
- Support @2.35 from a trend line in the weekly time frame.
- A support zone ranging from 2.25 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.52 from a horizontal line in the weekly time frame.
- Resistance @2.57 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19
Mansfield-1.45
10 Day High2.56
10 Day Low2.44
20 Day High2.56
20 Day Low2.28
52 Week High3.99
52 Week Low2.23
Performance
1 Week-1.95%
2 Weeks1.62%
1 Month7.26%
3 Month-31.61%
6 Month-8.73%
12 Month5.02%
2 Year-29.89%
3 Year-47.6%
5 Year-46.6%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)46.91
LBB2.4
UBB2.56
TSX:ERE-UN (2/21/2025, 7:00:00 PM)
2.51
+0.04 (+1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.62%
1 Week-1.95%
2 Weeks1.62%
1 Month7.26%
3 Month-31.61%
6 Month-8.73%
12 Month5.02%
2 Year-29.89%
3 Year-47.6%
5 Year-46.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.67%
ATR Inc-17.2%
Range Today0.06
ADR(20)0.07
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19
Mansfield-1.45
10 Day High2.56
10 Day Low2.44
20 Day High2.56
20 Day Low2.28
52 Week High3.99
52 Week Low2.23
CS1 End2.35
CR1 Start2.52
Volume & EV
DER(3)-6.01%
DER(5)-5.46%
Volume528.15K
Volume Incr113%
Vol(5)525.26K
Vol(50)502.53K